Banking Current Affairs February 2016 Question Answers

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Banking Current Affairs February 2016

Banking Current Affairs February 2016

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UK’s Green Bond Pioneer Awards for “Pioneers in Emerging Markets-India” has been conferred upon which of the following bank? IDBI B.SBI C.Yes D.Axis

Correct Answer : C.Yes Bank Mumbai headquartered Yes Bank has been awarded inaugural Green Bond Pioneer Award for “Pioneers in Emerging Markets-India” at a ceremony held in London, United Kingdom.

Reserve Bank of India has included which of the following bank in the second schedule to the RBI Act? Emirates NBD B.Emirates Islamic Bank C.National Bank of Abu Dhabi D.United Arab Bank

Correct Answer : C. National Bank of Abu Dhabi The Reserve Bank has included National Bank of Abu Dhabi PJSC (NBAD) in the Second Schedule to the RBI Act. Currently, NBAD has a global presence in 17 countries and overseas territories, spanning five continents.

Recently, Reserve Bank of India (RBI) has cancelled the certificate of registration of how many NBFCs? 9 B.26 C.30 D.14

Correct Answer : B. 26– The Reserve Bank of India (RBI) has cancelled the certificate of registration of the 26 non-banking financial companies (NBFCs) by exercising its power under Section 45-IA (6) of the Reserve Bank of India Act, 1934.

Which of the following bank launches first of its kind “ESmart SME” to offer E-Commerce startups? Axis B.BoB C.IDBI D.SBI

Correct Answer : B. November 2017 In order to enhance economic cooperation and strengthen financial stability, RBI has extended the currency swap arrangement to SAARC nations till mid November 2017.

Which of the following bank partners with Suvidhaa to offer loans to urban poor? Canara Bank B.Andhra Bank C.Yes Bank D.Axis Bank

Correct Answer : D.Axis Bank Mumbai headquartered Axis Bankin partnership with domestic remittance company Suvidhaa, is planning to lend to these people who have no formal credit score to boast and no bank guarantees to offer.

Which of the following bank has been conferred with “IBA Banking Technology Award”? Allahabad Bank B.Union Bank of India C.Catholic syrian Bank D.Karnataka Bank Ltd

Correct Answer : D. Karnataka Bank Ltd Karnataka Bank Ltd has bagged ‘IBA Banking Technology Award’ in the category of Best Risk and Fraud Management Initiative Runner Up among the small banks.

Sridhar has been selected to represent India as Umpire (Table Tennis) in the 2016 Rio Olympic Games. He is serving as secretary to CMD in which bank? A.Canara Bank B.Yes Bank C.Dena Bank D.Andhra Bank